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See how verdicts work2-bedroom flat · M8 8BW
For saleReduced £10k (−8.3%) on 25 OctListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Ground Floor Two-Bedroom Apartment in Prime Cheetham Hill Location* Situated in the highly convenient, popular, and well-connected area of Cheetham Hill, this well-presented two-bedroom ground floor apartment offers an excellent opportunity for both first-time buyers and investors alike, with strong rental demand in the M8 area.
Ideally located just moments from Manchester Fort Retail Park, the property benefits from a wide range of retail outlets, supermarkets, gyms, and restaurants right on your doorstep.
The area also offers a variety of places of worship and well-regarded schools within the local vicinity, further adding to its existing demand.
Cheetham Hill is known for its excellent transport links into Manchester City Centre, making it a popular choice for professionals while still offering a quieter residential feel.
The apartment is set within a peaceful and secluded development, providing residents with a calm and private living environment.
Conveniently positioned on the ground floor, it offers easy access and practical day-to-day living.
Internally, the property comprises a spacious living area, an open kitchen, two generously sized bedrooms, and a modern family bathroom.
Large windows allow for a flood of natural light throughout, creating a bright and welcoming home, as well as extra added storage space available throughout.
Externally, the property benefits from an allocated car parking space within a well-maintained car park, along with attractive open green spaces that further enhance the appeal of the development.
This property perfectly combines convenience, comfort, and location. Early viewings are highly recommended, as properties like this don't stay on the market for long!
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Elizabeth Street, Manchester
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